Corona Virus # 3

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   / Corona Virus # 3
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#91  
After reading through this thread I think I'm golden... I had weenies piled high with sauerkraut and beans on the side for dinner last evening.

I would say that you're something... golden wasn't quite the word I had in mind though. A few spare ribs would have made that meal complete.
 
   / Corona Virus # 3 #92  
The radio this morning reminded me that good sleep helps your immune system stay in good shape to fight off the nasties.

Chris
 
   / Corona Virus # 3 #93  
I had weenies piled high with sauerkraut and beans on the side for dinner last evening.

Natural gas is important for the economy.:thumbsup:
 
   / Corona Virus # 3 #94  
If gold and silver are such great investments, why do the advertisers want to trade their gold for your dollars?

Because they are in the very short term trading business. Say gold is 1600 per ounce and you want to buy a US gold eagle....you'll pay 40-60 (depends on the dealer) "premium" over spot for the coin. Then if you sell it, you might get only 10-20 over spot for that same coin...that "spread" is the dealer profit. Same as stock market where brokers will get you the stock you want for a commission.....they make money whether you do or not.
 
   / Corona Virus # 3 #96  
As for gold, I can see buying gold coins - sort of. But, gold bullion I don't see. How are you going to trade it in without proof of it's purity? I wouldn't take a piece of paper as proof, and probably not even accept an assay mark on the bar. And how are you going to trade in a partial bar?

I'd agree. I like coins as well. The specs for all well known coins are easily found..( Gold Coin Specifications ).a current one ounce eagle, for example, weighs 33.93 grams, is 32.7 mm diameter and 2.87mm thick. In order to fake it with a plated, cheaper metal, one or more of those specs has to be off.
 
   / Corona Virus # 3 #97  
No clue as to why the metals talk is here. Do metals carry the virus? Do they cure it?

Dunno.....probably because SOMEONE helped the thread drift off into the stock market....who was that again ???

Once drift commences, like the virus, it's really hard to control. :D

The story goes that the market is spooked by supply chain interruptions. Manufacturing and transportation has been shut down in some of the Asian countries that make much of what we buy. There are already stories about US and Euro companies running into supply issue to be able to make larger component systems like HVAC. I think I read that some auto makers are having trouble getting parts to make cars.

It's not the bug itself, but the results of some governments trying to contain the bug.
 
   / Corona Virus # 3 #99  
We are having venison tonight. It was harvested it before this coronavirus thing but it might be infected with CWD. If my posts start getting silly you will know the cause.

Hot dogs are the only dogs I eat. There is a market in Atlanta MI that has great sales every week. One week they had 3lb packs of Oscar Myer hot dogs for $1. We bought 12 packs (36 lbs). We are a bit "prepper" inclined just in case stuff like this might happen.

Seriously, I hope all of you stay safe and are prepared as best as you can be. Much tougher to do in the cities, or you have kids in school, and if you work. This virus will not be contained, so it is a matter of just how bad it will be. It appears to be somewhat more serious than the flu bug we deal with every year. Anyone who thinks otherwise should ask themselves, "Why did the Chinese do all these handstands to address a flu bug?"

I see only two answers....It is serious....or...It is a scheme to crash the stock market and global economy. Of course, it could be both.
 
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